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Archive for January, 2010

Finally, it’s here - Forex Deal Butler is Live!

Only 60 Hour Window to Claim Your Copy of Forex Deal Butler!

The Forex Deal Butler went live, on sale, at 12:00 Noon, today, EST! Mac X unleashed his elite trading system…

The Really BIG NEWS: Forex Deal Butler snafu results is special discounted price.

Forex Deal Butler Bonus and Special Insider Code discount

When it comes to colossal screw-ups, you quickly find out the type of person you’re dealing with. And let me tell you, Mac X is showing he’s a stand-up guy.

His webmaster was given a simple assignment - raise the price of the Forex Deal Butler to $1997. It was going to sell out too soon at the lower price.

But the web guy dropped the ball. His website was a sight to see - half at one price, and half at the other.

Let me tell you, if you saw it, and it didn’t confuse you, you’re a better person than me. I was totally baffled.

So here’s the deal - he’s bringing it back down to $1497, taking all the blame. And if you bought it for the higher price, you got a refund coming.

Like I said, he’s a stand-up guy. But of course, this is only going on for another two days. It ends Thursday midnight.

So if you don’t get it at this embarrassingly low price, you don’t get it at all. Go quickly, before he comes to his senses, and pulls it down sooner!

Here’s the link:

Forex Deal Butler Bonus and Special Insider Code discount

BTW Make Mac’s mistake your gain. Get this lower than intended price before it’s gone. And don’t forget, he’s stacked over $7000 worth of bonuses on top of it!

Forex Deal Butler Bonus #1:

30 Days Professional Coaching to jump-start your wealth building with Mac’s Top Trader: James Carter! You’ll get access to two interactive on-line group coaching sessions per week, plus email support — YOU WILL NOT BE REBILLED AT THE END OF 30 DAYS.

Forex Deal Butler Bonus #2:

The Insider’s Code - Mac X’s breakthrough course that shocked the trading world by revealing the strategies the insiders use behind closed doors in high-powered trading rooms to siphon off millions of dollars in profits from the world’s biggest market every day (originally on 10 DVDs at $1497, it sold over 10,000 copies! But you get it FREE with The Forex Deal Butler)

And you’re fully covered by a 30-Day, 100% money back guarantee. If for any reason you’re not completely happy, he’ll refund your full purchase price with no questions asked.

So strap in now, you’re in for the most entertaining and high-profit ride available!

Forex Deal Butler Bonus and Special Insider Code discount

If you’ve been struggling to become profitable as a trader, to make the big money you know is in Forex, then this will be the most important day of your trading life.

Not everyone will qualify - there is a brief application process - but go now, quickly, because time is limited.

Here’s the issue: There’s only a 60 hour window. Midnight, this Thursday the 21st, the order page comes down… …and you’re either on the inside with us, or left out in the cold.

I’d rather you were inside with us… and Mac X has thrown in a TON of unannounced bonuses to help make that happen:

1. Mac’s Simple and Straightforward Trading System (Learn and earn quickly!) Value - $1000 (He’s been offered twice that before.

2. Daily and Weekly Videos of Even MORE Currency Pairs and Trades - (the more in-depth we go on MORE currency pairs, the more lucrative your trading) Free for One Month Value -$200/Month

3. The Insider Code Advanced Tactics Course (When you want to take your trading to the level of some of the world’s elite… here’s your ticket!) Value - $1000

4. Fibonacci Secrets - almost every Forex “guru” teaches Fibonacci like they taught in the Futures markets 10 years ago. And most Forex “gurus” are refugees from other markets that crashed in ‘08. Mac teaches it how it works in the FOREX market - and I’ll tell you, it’s way different than most people think. (Almost none of the other teachers understand this, and if they do, they’re keeping it to themselves, and not showing it to anyone! But Mac reveals it all, in stark simplicity) Value - $800

5. Millionaire’s Program (No explanation necessary - you’ll know when it manifests in your life, though… and you’ll love it!) Value - $1000

6. Seasonal Trading Secrets (This one captures EXPLOSIVE moves at predetermined times of the year) Value - $1000

7. News Trading Techniques (How to capitalize on those huge moves during economic announcements - at minimum risk!) Value - $500

Do the math - that’s about $7800 worth of bonuses! These have previously only been available to Mac’s Inner Circle.

But you can get them during this brief window. So go now. Hurry, hurry, hurry!

If someone had offered me this kind of a shortcut when I was struggling, I would have begged, borrowed, or stolen to get enough to get this, just for the bonuses alone! I’m not urging you to do the same -

But I will say this could be the defining moment of your trading career!

Download the Forex Deal Butler

If you have been needing to make massive profits constantly in your trading.. And I don’t mean just the occasional winner.

Or if you have been hunting for a way to get actual entries and exits for huge scores, then this should be the most significant e-mail you’ve ever read.

Mac X, one of the most important money making trading pros, is going to offer you a free test of his cool new software…and show you ways to trade with it, too, with his top trader doing LIVE trading sessions!

Pretty gutsy, if you ask me. He’s got to have a dynamite program to put it out there in front of everyone like that, live, where he’s’s risking his name in front of everyone!

Forex Deal Butler

I will say this much…this software’s been creating the most dramatic success stories I’ve ever heard from traders.

So go download it, and ensure you watch the webcast with Mac’s top trader making profits online - live, where you have to prove it works in front of an audience!

It can’t get much better than that and it won’t cost a cent.

Forex Deal butler Free Download

The software has a little secret he isn’t revealing to everybody - but I got it from him first-hand.

Here’s the deal… It’s straightforward to use, but it contains a sophisticated new AI, not available in any other trading software.

No wonder - he’borrowed’ some of the same programming utilized by hitech agencies like NASA and the laboratories at MIT.

The result : This thing triggers trades and captures pips like a hungry lion in a herd of antelope.

And you will get to download it now, before the webcast, for a no-charge test.

Don’t just take my word for it, check this out for yourself.

The live training event 8:00 AM Eastern:

Forex Insider Code Live Training Webinar

But because this is live, and uses a good-sized hunk of broadcast resources, he can only have so many people on the webcast immediately.

So sign up now, since he’ll only offer so many slots. I’d hate for you to miss this opportunity.

BTW today’s live trading event is the last one - so you won’t wish to miss it. James is going to have even *more* amazing tricks up his sleeve to reveal to you. Also, just wanted to offer you a warning - this no-cost software trial will vanish shortly… So will the free coaching. So jump on this while you can : Forex Insider Code Live coaching Webinar.

For more on the Insider Code Forex Trading Butler Download and the way to use it on your trading technique see Forex Trading Robot Free

Public testing of the new MT5 platform started on October 12th, 2009.

MetaTrader5 is the keenly anticipated new generation of the hugely successful MetaTrader4 trading system. MT5 isn’t just an upgrade to MT4. It has been fully reconstructed from scratch.

Here are the claimed features of Metatrader 5.

• Three chart-types, twenty-one timeframes and over 70 analytical tools.
• 5 order types and 4 execution modes available for trading.
• Implements almost any trading techniques.
• Sophisticated in-built reports on all trading activities.
• Built-in indicators and graphical objects allows quicker research of quotes and trade decision-making.
• Hi-performance and excellent speed MQL5 development environment with new IntellySence system and more complicated technique tester.

As most of you may know, Metatrader four ( MT4 ) is the most generally used ‘off the shelf’ platform in the foreign exchange and CFD markets. It is predicted that when MT5 is out of beta, it too will be widely used.

Today MT4 is the trading platform of choice for just about all foreign exchange robots as well as custom indicators and scripts.

Unfortunately, the Metatrader4 language will not be compatible with MetaTrader 5 . To meet the incorporate the requested features and execution speed, a new object orientated programming language was developed. As a result, existing MT4 custom indicators and EAs ( .mq4 and .ex4 files ) will not work with MT5 platform.

You may be thinking that any new investment in MT4 custom indicators, scripts and robots is wasted. That’s certainly not correct. MT5 is likely to be in beta for a minimum of 6 more months. The current Mt5 beta doesn’t even include a method testing function. So it could be as long a year before any heavy MT5 robots become available.

Even when MT5 has matured into a stable trading system, the surprisingly preferred MT4, is still going to be supported by brokers for many years to come. If traders demand it, brokers will support it. You should expect many brokers will be supporting both platforms and there is nothing to stop you running both MT4 and MT5 clients at the same time.

It is only a matter of time before a MT4/MT5 compatibility is developed. Most likely this may be in the form of a compatibility module or MT4 virtualization plugin for MT5. Instead of recoding every MT4 indicator and EA for MT5, it is almost certain that some clever programmers will code a virtual MT4 plugin platform for MT5. Very similar to the way you can now run Windows in a virtual machine on a Linux box or Linux inside of OS X.

Once a tool is developed to convert existing Expert Advisors and indictors from MT4 to MT5, then the uptake of the MT5 platform will happen more quickly.

Here is the official statement about MQ4 and MQ5 compatibility:

‘From the start of Metatrader five development we thought that we’ll be able to save the compatibility. And we announced about it many times. But the countless traders/developers requests made us change our mind. We’ve understood that just can not make a new language compatible. At the same time we have made MQL5 more powerful and in this manner we gave you, traders and developers, more abilities - that was our main goal in developing of MQL5 IDE. From one side, new language with the new abilities, and from the other side - MQL4 and MQL5 compatibility. Sadly, these two aims can’t be found at the same time.’ Interview with Metrader5 lead developer

The complaint frequently heard about MT4 is that it was built by programmers not traders. Definitely it was assembled with a focus on the front end and’client side’ rather than the brokers back office side. The platform itself developed from a price and information delivery terminal that became very popular with traders. Users then started to ask whether trading functions may be built into it. Metaquotes used the same architecture and added trading functionality to it, leading some to call MT4 a Frankenstein creation.

No Hedging and Compliance With the New NFA Rules.

Some may feel the NFA regulated currency exchange brokers are driving the MT5 development. Others say the MT5 position/order management is to the advantage of the brokers not the traders. Afterall, it’s the brokers who pay for the Metatrader platform.

To meet Forex industry standards, MT5 changes the whole core of position handling. From now on MT5 traders will be able to keep only one position of any single trading instrument/currency pair. This reflection of orders aligns with the new FIFO ( first-in, first-out ) rule implemented by NFA as a sector standard in summer 2009.

Hedging at that point is eliminated and so is the separate management of two different in time orders on the same currency pair. Buying and Selling the same pair ( hedging method ) will result in zero positions being open.

For example : 9:00am Long GBP/USD one lot 1.3000, and later added 12:00pm Long GBP/USD two lots 1.3500, will be seen on Metatrader 5 account as one position’Long GBP/USD three lots’.

The first order to shut is always the order that was initiated first, so it will always be the 8:00am Long position to close in our example above.

Is the FIFO and No Hedging a Show Stopper?

No individual orders listed, NO Hedging, and INCOMPATIBLE with anything MT4. Is this a step BACKWARDS?

If you like the way MT4 works for you now and or have made the move to a non NFA regulated broker then MT5 doesn’t look a really engaging prospect.

However there will be other instruments and charts accessible beyond forex. Like futures ( cfd-versions ) along with lots of option classes. Lots of possibilities for real-world hedging, ( i.e. Where the 2 instruments are not matching ) and for trading styles that are at present most unlikely. Like purchasing options on signals, instead of just going long or short the currency pair. Or constructing foreign exchange grids with options.

Some traders have asserted that FIFO ( first order in first order out ) impedes counter trend trading or engaging in a quick scalp in the other way when you already have an open position. It does not affect your net position but it does affect the way you have to manage your trades.

Correlation strategies are also an obvious alternative way to hedge. Hedging a position can be achieved by taking position in more than one correlated currency pair. And in MT5 this could be expanded to currency exchange options and their underlying currencies or foreign exchange futures and their own options. Actually if you’re trading on more than one currency pair then currency correlations and their impact leverage and risk is something that has to be well understood.

For more on currency correlation and how to apply it to your trading technique see Correlation Trading system

For more on the Correlation Code system at Correlation Code System